News

Ethereum Hack Workaround Upsets Some Bitcoin Developers
July 25, 2016

Ethereum, the alternative digital currency that was the victim of a hack last month that caused close to $60 million of investors’ funds to fall under the control of an anonymous group or person, is facing warnings from some bitcoin developers who took issue with...

Payment Methods
UnionPay’s Market Share Dominance
July 25, 2016

The number of payment cards in circulation around the world increased by 8 percent to 13 billion in 2015, with the Middle East, Africa and Asia-Pacific seeing the fastest growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Plutus Tap & Pay Raises More Than $1 Million In Crowdfunding In Nine Days
July 25, 2016

Plutus Tap & Pay, the upcoming Android-only mobile app that will let people make bitcoin and Ethereum contactless payments at any merchant with a compatible device, raised more than $1 million in crowdfunding in nine days. Get the Full Story Complete the form to unlock...

International
UK And Korea Create FinTech Bridge
July 25, 2016

With FinTech startups exploding on the scene, U.K. and Korea want to make it easier for both companies to invest in the financial technology sector, creating a so-called “FinTech bridge.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
Has Dodd-Frank Helped Or Hurt The Economy?
July 25, 2016

Arguing about politics is an invitation to get drawn into an exchange of polemics, but economic analysis requires a more definite set of evaluations. That’s what makes financial regulation such a sticky subject on Capitol Hill. No matter the political persuasions, there seem to be statistics...

Security & Fraud
Cyber Firm Execs Hacked Rival’s Servers
July 25, 2016

The competition in the cybersecurity landscape may be getting ugly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Mobile Commerce
Uber Rival Plans Mobile Wallet Launch
July 25, 2016

There’s a reason Uber has managed to define the ridesharing market, and it’s not without cause that its ever-evolving business model has eminent appeal overseas. However, that doesn’t mean Kalanick and friends have the run of the place, especially as far as Southeast Asia’s Grab...

B2B Payments
Embracing An ISO 20022 Roadmap
July 25, 2016

Dialogue continues among stakeholders in adopting an ISO framework, especially in cross-border B2B payments, and key considerations center on an incremental or more comprehensive approach to faster payments.

Risk Management
How The Big Banks Are Bracing For More Loan Losses
July 25, 2016

The consumer loan used to be a safe bet for the big banks, until the financial quicksand of 2008 tore the rug out from under the rules as they were. Now, the pillars of Wall Street are bracing themselves for another long-awaited shockwave of the...